BEA104 Game Theory for Business and Social Sciences

23
CRICOS Provider Code: 00586B Tasmanian School of Business & Economics (TSBE) (School) College of Business and Economics (College) BEA104 Game Theory for Business and Social Sciences 12.50 Credit Points Semester 2, 2021 Unit Outline Ananta Neelim

Transcript of BEA104 Game Theory for Business and Social Sciences

CRICOS Provider Code: 00586B

Tasmanian School of Business & Economics (TSBE) (School)

College of Business and Economics (College)

BEA104

Game Theory for Business and Social Sciences

12.50 Credit Points

Semester 2, 2021

Unit Outline

Ananta Neelim

© The University of Tasmania 2021

CONTACT DETAILS

Unit coordinator

Unit coordinator: Ananta Neelim

Campus: Sandy Bay

Email: [email protected]

Room location: Centenary Building Level 3 Room 321

Consultation hours: Thursday, 15.00 - 16.00; otherwise, by email appointment.

Other teaching staff

Tutor: Harrison Lovell

Email: [email protected]

Page 1 BEA104

Game Theory for Business and Social Sciences

CONTENTS

COVID SAFETY ON CAMPUS 2

WHAT IS THE UNIT ABOUT? 3

UNIT DESCRIPTION 3

INTENDED LEARNING OUTCOMES 3

GRADUATE STATEMENT 3

ALTERATIONS TO THE UNIT AS A RESULT OF STUDENT FEEDBACK 4

HOW WILL I BE ASSESSED? 5

ASSESSMENT SCHEDULE 5

ASSESSMENT DETAILS 5

HOW YOUR FINAL RESULT IS DETERMINED 9

SUBMISSION OF ASSIGNMENTS 9

ACADEMIC INTEGRITY 11

WHAT LEARNING OPPORTUNITIES ARE THERE? 14

MYLO 14

RESOURCES 14

ACTIVITIES 15

COMMUNICATION 16

CONCERNS AND COMPLAINTS 17

LEARNING SUPPORT 17

FURTHER INFORMATION AND ASSISTANCE 18

UNIT SCHEDULE 19

ACCREDITATION 21

AACSB ACCREDITATION 21

Page 2 BEA104

Game Theory for Business and Social Sciences

COVID Safety on Campus

To ensure the safety and wellbeing of our University and the broader community, it’s

important that you allow time to complete the following steps every day you attend

campus:

- Complete the COVID-Safe Return to Campus MyLO module before you attend - Go through screening each day when attending campus, check your

temperature and swipe your access card - Maintain COVID-safe behaviours: keep 1.5 metres away from others, wash your

hands thoroughly and often, use disinfectant wipes to clean your work station - Critically, please stay at home if you are unwell, get tested if you have any

symptoms and email us at [email protected] if you are getting tested

Together, let’s make our campus a safe place to be.

Page 3 BEA104

Game Theory for Business and Social Sciences

WHAT IS THE UNIT ABOUT?

Unit description

In both our personal and work lives we regularly encounter 'games': that is, situations where our actions affect the others we interact with, and vice versa. Game Theory provides a framework to discuss and analyse these types of strategic interactions. It provides a modern language to important issues in business, economics, political science, sociology, philosophy and ethics, socio-biology and law. In this unit, you will be introduced to the central elements of game theory. You will learn about thinking strategically and its benefits in a variety of strategic settings and for many different applications. We will discuss how people might be expected to act in a variety of games and identify the best response to that behaviour.

Intended Learning Outcomes

On completion of this unit, you will be able to:

1. Define, identify and interpret key concepts used in game theory to analyse

strategic interaction in a variety of settings

2. Use game theory to analyse strategic interaction in a variety of settings

3. Use economic theory to Interpret the way in which games are predicted to be

played, and the way they are observed to be played

Graduate Statement

Successful completion of this unit supports your development of course learning

outcomes, which describe what a graduate of a course knows, understands and is able

to do. Course learning outcomes are available from the Course Coordinator. Course

learning outcomes are developed with reference to national discipline standards,

Australian Qualifications Framework (AQF), any professional accreditation

requirements and the University of Tasmania’s Graduate Statement.

Page 4 BEA104

Game Theory for Business and Social Sciences

The University of Tasmania experience unlocks the potential of

individuals. Our graduates are equipped and inspired to shape and

respond to the opportunities and challenges of the future as

accomplished communicators, highly regarded professionals and

culturally competent citizens in local, national, and global society.

University of Tasmania graduates acquire subject and multidisciplinary

knowledge and skills, and develop critical and creative literacies and

numeracies and skills of inquiry. They demonstrate the ability to apply

this knowledge in changing circumstances. Our graduates recognise and

critically evaluate issues of social responsibility, ethical conduct and

sustainability, are entrepreneurial and creative, and are mindful of their

own wellbeing and that of the community. Through respect for diversity

and by working in collaborative ways, our graduates reflect the values of

the University of Tasmania.

Alterations to the unit as a result of student feedback

N/A, this is a new unit.

Page 5 BEA104

Game Theory for Business and Social Sciences

HOW WILL I BE ASSESSED?

Assessment schedule

Assessment task Date due Percent weighting

Links to Intended Learning Outcomes

Problem Sets (Total 3, best 2

selected)

Week 5, 9, 13

2 * 15 = 30 LO1, LO2, LO3

Case Studies (Written assignment

and a video presentation)

Week 11 40 LO2, LO3

Timed Final Assessment Exam Period

30 LO1, LO2, LO3

Assessment details

Assessment Task 1: Problem Sets

Task Description

These are individual tasks where students are required to provide written answers to one or more questions on material covered in Lectures and Workshops. These tasks provide students the opportunity to revise the contents of Lectures and Workshops, reflect on the economic concepts covered there, and develop skills by applying concepts learned to issues, conduct analysis and draw conclusions.

Problem Set 1: Covers material from Weeks 1-4 (Due: Week 5)

Problem Set 2: Covers material from Weeks 5-8. (Due: Week 9)

Problem Set 3: Covers material from Weeks 9 – 12. (Due: Week 13)

Each problem set is worth 15 marks. The 2 best ones will count towards final grades.

Detailed guidelines will be posted in MyLO.

Criterion Number

Criterion Description Measures ILO:

1 Define and interpret key concepts used in game theory and strategic interaction in general.

LO1

2 Identify and describe how game theory is applied to analysis many different issues in a variety of settings.

LO1

Page 6 BEA104

Game Theory for Business and Social Sciences

3 Construct games from a narrative description of strategic interaction in economics, business, political science, health and in a variety of other settings.

LO2

4 Solve games using appropriate solution strategies and for appropriate equilibria.

LO2

5 Interpret solutions to games in the context of the real-world problems to which the games are being applied.

LO2

6 Analyse and provide context to discrepancies between predictions and observed behaviour in a variety of settings.

LO3

Task Length

750 words for each Problem Set.

Due by date Problem Set 1: Week 5

Problem Set 2: Week 9

Problem Set 3: Week 13

Page 7 BEA104

Game Theory for Business and Social Sciences

Assessment Task 2: Case Studies

Task Description

This is a group task (group size of 2), where each group will be required to produce three interrelated outputs using concepts covered in Lectures 1 to 7: (i) an analysis plan (5 marks) (ii) the written analysis (30 marks) and a brief presentation (5 marks). This task builds on the skills developed in Lectures and Workshops and provides students with the opportunity to revise the contents of Lectures 1 to 7, reflect on the concepts covered and most importantly develop skills in applying these concepts to cases of their choice from the real world. The task also encourages students to think critically about economic and policy issues. Detailed guidelines will be posted in MyLO.

Criterion Number

Criterion Description Measures ILO:

1 Solve games using appropriate solution strategies and for appropriate equilibria.

LO2

2 Interpret solutions to games in the context of the real-world problems to which the games are being applied.

LO2

3 Present well-reasoned arguments using the tools of game theory.

LO2

4 Analyse and provide context to discrepancies between predictions and observed behaviour in a variety of settings.

LO3

Task Length

500-750 words for the analysis plan;

1500-2000 words for the written analysis;

5 minutes for the presentation.

Due by date Analysis plan due by Week 7

Written Analysis and Presentation due in Week 11

Page 8 BEA104

Game Theory for Business and Social Sciences

Assessment Task 3: Class Tests

Task Description

The timed final assessment will be a 24-hour open-book assessment covering materials from all parts of the course. There will 4-6 questions (with multiple parts) that students will have to answer.The total mark for each test is 15% of the final grade.

The assessment will be available online on MyLO on a specified date during the exam period and students will have 24 hours to complete the assessment. Announcements and reminders will be made to ensure students are aware of the assessment start and due dates.

Criterion Number

Criterion Description Measures ILO:

1 Define and interpret key concepts used in game theory and strategic interaction in general.

LO1

2 Identify and describe how game theory is applied to analysis many different issues in a variety of settings.

LO1

3 Construct games from a narrative description of strategic interaction in economics, business, political science, health and in a variety of other settings.

LO2

4 Solve games using appropriate solution strategies and for appropriate equilibria.

LO2

5 Interpret solutions to games in the context of the real-world problems to which the games are being applied.

LO2

6 Present well-reasoned arguments using the tools of game theory.

LO2

7 Describe how predictions from applying game theory can be tested.

LO3

8 Analyse and provide context to discrepancies between predictions and observed behaviour in a variety of settings.

LO3

Task Length

24 hours

Page 9 BEA104

Game Theory for Business and Social Sciences

Due by date Official Exam period. Students will be made aware of the start and due date on MyLO.

How your final result is determined

To pass this unit, you need to demonstrate your attainment of each of the Intended

Learning Outcomes.

Your grade will be determined in the following way:

Your overall mark in this unit will be determined by combining your results from each

assessment task. These marks are combined to reflect the percentage weighting of

each task. You need to achieve an overall score of at least 50% to successfully complete

this unit. It is expected that you will seek help (from the unit coordinator in the first

instance), well before the due date, if you are unclear about the requirements for an

assessment task.

- PP (pass) at least 50% of the overall mark but less than 60%

- CR (credit) at least 60% of the overall mark but less than 70%

- DN (distinction) at least 70% of the overall mark but less than 80%

- HD (high distinction) at least 80% of the overall mark

All grades are provisional, until confirmation by the Assessment Board at the end of

semester.

Submission of assignments

The act of submitting your assignment will be taken as certification that it is your own

work.

Assignments must be submitted electronically through the relevant assignment tab in

MyLO. You must ensure that your name, student ID, unit code, tutorial time and

tutor’s name (if applicable) are clearly marked on the first page. If this information is

missing, the assignment will not be accepted and, therefore, will not be marked.

Where relevant, Unit Coordinators may also request you to submit a paper version of

your assignment. You will be advised by the Unit Coordinator of the appropriate

process relevant to your campus.

Please remember that you are responsible for lodging your assessment items on or

before the due date and time. We suggest you keep a copy. Even in a perfect system,

items sometimes go astray.

Requests for extensions

In this Policy:

Page 10 BEA104

Game Theory for Business and Social Sciences

(a) ‘day’ or ‘days’ includes all calendar days, including weekends and public holidays;

(b) ‘late’ means after the due date and time; and

(c) ‘assessment items’ includes all internal non-examination based forms of

assessment

2. This Policy applies to all students enrolled in TSBE Units at whatever Campus or

geographical location.

3. Students are expected to submit assessment items on or before the due date and

time specified in the relevant Unit Outline. The onus is on the student to prove the

date and time of submission.

4. Students who have a medical condition or special circumstances may apply for an

extension. Requests for extensions should, where possible, be made in writing to the

Unit Coordinator on or before the due date. Students will need to provide

independent supporting documentation to substantiate their claims.

Penalties

Late submission of assessment items will incur a penalty of 10% of the total marks

possible for that piece of assessment for each day the assessment item is late unless an

extension had been granted on or before the relevant due date.

Assessment items submitted more than five (5) days late will not be accepted.

Academic staff do NOT have discretion to waive a late penalty.

Review of results and appeals

A Review of Final Result is available to all students once the University has released

the final result for a unit. If you are dissatisfied with your final result, you may apply to

have it reviewed. Applications for a review of assessment are due within 10 working

days of the release of the final result in the unit.

If you wish to have a piece of internal assessment reviewed as part of the review

process, please state this clearly on the application form referred to above and include

that assessment item with your application.

Please read and follow the directions provided by the University at:

https://askus.utas.edu.au/app/answers/detail/a_id/1786/~/i-am-unhappy-with-the-

grade-i-received.-how-can-i-request-a-review-of-my-grade%3F

You can access and submit the Review of Final Result application form via eStudent.

Page 11 BEA104

Game Theory for Business and Social Sciences

Academic integrity

What is academic integrity?

At the University of Tasmania, academic integrity requires all students to act

responsibly, honestly, ethically, and collegially when using, producing, and

communicating information with other students and staff members. The University

community is committed to upholding the Statement on Academic Integrity.

Breaches of academic integrity such as plagiarism, contract cheating, collusion and so

on are counter to the fundamental values of the University. A breach is defined as

being when a student:

a) fails to meet the expectations of academic integrity; or b) seeks to gain, for themselves or for any other person, any academic

advantage or advancement to which they or that other person is not entitled; or

c) improperly disadvantages any other member of the University community.

The University and any persons authorised by the University may submit your

assessable works to a text matching service, to obtain a report on possible breaches

such as plagiarism or contract cheating. Substantiated breaches can result in a range

of sanctions which are outlined in the Student Academic Integrity Ordinance.

More information is available from the Academic Integrity site for students on the

Student Portal.

Academic Integrity Training Module

As part of the University’s educative approach to academic integrity, there is a short

Academic Integrity Training Module on MyLO that all students are required to

complete.

Completion of the module allows you to demonstrate your understanding of what

constitutes a breach of academic integrity.

All commencing students (pre-degree through to higher degree by research) are required to complete the Academic Integrity module available through MyLO. If you do not complete this module your final unit results will be withheld. You should aim to complete the module within the first few weeks of commencing study at the University.

Academic referencing

In your written work you will need to support your ideas by referring to scholarly

literature, works of art and/or inventions. It is important that you understand how to

correctly refer to the work of others and maintain academic integrity.

Page 12 BEA104

Game Theory for Business and Social Sciences

Failure to appropriately acknowledge the ideas of others may constitute a breach of

academic integrity.

The University library provides information on presentation of assignments, including

referencing styles and should be referred to when completing tasks in this unit.

For further information, see the Academic Integrity site for students on the Student

Portal.

Before starting your assignments, you are advised to familiarise yourself with the

following electronic resources.

The first is the Harvard Referencing System Style Guide, which can be accessed from

the UTAS library: http://utas.libguides.com/content.php?pid=27520&sid=199808. The

Harvard style is the appropriate referencing style for this unit and the guide provides

information on presentation of assignments, including referencing styles. In your

written work you will need to support your ideas by referring to scholarly literature,

works of art and/or inventions. It is important that you understand how to correctly

refer to the work of others and maintain academic integrity.

Failure to appropriately acknowledge the ideas of others constitutes academic

dishonesty (plagiarism), a matter considered by the University of Tasmania as a

serious offence.

The second is the Tasmanian School of Business and Economics’ Writing Assignments:

A Guide, which can be accessed at: http://www.utas.edu.au/business-and-

economics/student-resources. This guide provides you with useful information about

the structure and style of assignments in the TSBE.

In your written work you will need to support your ideas by referring to scholarly

literature, works of art and/or inventions. It is important that you understand how to

correctly refer to the work of others, and how to maintain academic integrity.

The University library provides information on presentation of assignments, including

referencing styles and should be referred to when completing tasks in this unit.

Please read the following statement on plagiarism. Should you require clarification

please see your unit coordinator or lecturer.

In your written work you will need to support your ideas by referring to scholarly

literature, works of art and/or inventions. It is important that you understand how to

correctly refer to the work of others, and how to maintain academic integrity.

The University library provides information on presentation of assignments, including

referencing styles and should be referred to when completing tasks in this unit.

Please read the following statement on plagiarism. Should you require clarification

please see your unit coordinator or lecturer.

Page 13 BEA104

Game Theory for Business and Social Sciences

Plagiarism

Plagiarism is a form of cheating. It is taking and using someone else's

thoughts, writings or inventions and representing them as your own; for

example, using an author's words without putting them in quotation

marks and citing the source, using an author's ideas without proper

acknowledgment and citation, copying another student's work.

If you have any doubts about how to refer to the work of others in your

assignments, please consult your lecturer or tutor for relevant referencing

guidelines. You may also find the Academic Honesty site on MyLO of

assistance.

The intentional copying of someone else’s work as one’s own is a serious

offence punishable by penalties that may range from a fine or

deduction/cancellation of marks and, in the most serious of cases, to

exclusion from a unit, a course or the University.

The University and any persons authorised by the University may

submit your assessable works to a plagiarism checking service, to

obtain a report on possible instances of plagiarism. Assessable

works may also be included in a reference database. It is a

condition of this arrangement that the original author’s

permission is required before a work within the database can be

viewed.

For further information on this statement and general referencing guidelines, see the

Plagiarism and Academic Integrity page on the University web site or the Academic

Honesty site on MyLO.

Page 14 BEA104

Game Theory for Business and Social Sciences

WHAT LEARNING OPPORTUNITIES ARE THERE?

MyLO

MyLO is the online learning environment at the University of Tasmania. This is the

system that will host the online learning materials and activities for this unit.

Getting help with MyLO

It is important that you are able to access and use MyLO as part of your study in this

unit. To find out more about the features and functions of MyLO, and to practice

using them, visit the Getting Started in MyLO unit.

For access to information about MyLO and a range of step-by-step guides in pdf, word

and video format, visit the MyLO Student Support page on the University website.

If something is not working as it should, contact the Service Desk (phone 6226 2600

or request ITS help online through the Service Portal).

Resources

Required readings

You will need the following text as most of the lecture materials are based on this.

Dixit, A. K., Skeath, S., & McAdams, D. (2020). Games of Strategy: Fifth International

Student Edition. WW Norton & Company.

For each week’s Lecture, relevant chapters of this book will be specified along with

readings from other sources for students who want to delve further into topics. These

will be listed in MyLO. Students are expected to read the specific book chapter and

view the online videos before coming to Workshops.

Recommended readings

The following books are not required for the course, but provides readers with a more

thorough understanding of game theory with real life applications.

Dixit, A. K., & Nalebuff, B. (2008). The art of strategy: a game theorist's guide to success

in business & life. WW Norton & Company.

Camerer, C. F. (2011). Behavioral game theory: Experiments in strategic interaction.

Princeton university press.

Spaniel, W. (2014). Game theory 101: the complete textbook. CreateSpace.

Page 15 BEA104

Game Theory for Business and Social Sciences

Reading Lists

Reading Lists provide direct access to all material on unit reading lists in one place.

This includes eReadings and items in Reserve. You can access the Reading List for this

unit from the link in MyLO, or by going to the Reading Lists page on the University

Library website.

Activities

Learning expectations

The University is committed to high standards of professional conduct in

all activities, and holds its commitment and responsibilities to its

students as being of paramount importance. Likewise, it holds

expectations about the responsibilities students have as they pursue their

studies within the special environment the University offers.

Students are expected to participate actively and positively in the

teaching/learning environment. They must attend classes when

and as required, strive to maintain steady progress within the

subject or unit framework, comply with workload expectations,

and submit required work on time.

Details of teaching arrangements

The delivery of this unit will be through Lectures and Workshops.

The Lectures will introduce students to main concepts, theories and methods for topics

covered in each week. The material will be delivered online through lecture slides and

video recordings. They will be posted on MyLO at the beginning of each of the 13-

teaching week by Monday 5 pm. It is recommended that students view the lecture

material before attending relevant weekly workshops.

Workshops will provide students the opportunity to explore the concepts introduced in

the lecture in greater depth through applications in different settings. The content

covered in the workshops will allow students to practice and extend their knowledge.

For students in the Hobart campus, there will be 12-two-hour face-to-face workshops

starting in teaching Week 2. The workshop will be held at 100.Melville.LG01 on Mondays

between 12.oo-14.00.

For students studying via Distance/OUA, there will be 12-two-hour online workshops

via Zoom starting Week 2. More information will be provided on MyLO.

Page 16 BEA104

Game Theory for Business and Social Sciences

Specific attendance/performance requirements

This unit does not have any specific attendance or performance requirements.

However, active engagement with the unit material has been shown to improve

performance. In this unit, your active engagement will be monitored in the following

way:

1. Completion of assignments

2. Attendance and active participation in weekly workshops.

Teaching and learning strategies

The University is committed to a high standard of professional conduct in all

activities, and holds its commitment and responsibilities to its students as being of

paramount importance. Likewise, it holds expectations about the responsibilities

students have as they pursue their studies within the special environment the

University offers. The University’s Code of Conduct for Teaching and Learning states:

Students are expected to participate actively and positively in the teaching/learning

environment. They must attend classes when and as required, strive to maintain

steady progress within the subject or unit framework, comply with workload

expectations, and submit required work on time.

During the first four weeks of this semester, your participation and engagement in this

unit will be monitored. If you do not demonstrate evidence of having engaged actively

with this unit by Week 4 of semester, your enrolment may be cancelled or you may be

withdrawn from the unit.

Work Health and Safety (WHS)

The University is committed to providing a safe and secure teaching and learning

environment. In addition to specific requirements of this unit you should refer to the

University’s Safety and Wellbeing webpage and policy.

Communication

TO KEEP UP WITH ANNOUNCEMENTS REGARDING THIS UNIT

Check the MyLO Announcement tool at least once every two days. The unit

Announcement will appear when you first enter our unit’s MyLO site. Alternatively,

click on the Announcement button (towards the top of the MyLO screen) at any time.

WHEN YOU HAVE A QUESTION

Other students may have the same question that you have. Please go to the Ask the

Class Discussion forum on the unit’s MyLO site. Check the posts that are already there

– someone may have answered your question already. Otherwise, add your question as

a new topic. Students are encouraged to support each other using this forum – if you

Page 17 BEA104

Game Theory for Business and Social Sciences

can answer someone’s question, please do. We will attempt to respond to questions

within 48 business hours. If your question is related to a personal issue or your

performance in the unit, please contact the appropriate teaching staff member by

email instead.

WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR THE

SUBMISSION OF AN ASSESSMENT TASK

If you have a personal question related to your studies or your grades, please contact

teaching staff by email.

For general questions about the unit, please add them to the Ask the Class Discussion

forum on the unit’s MyLO site. This way, other students can also benefit from the

answers.

A NOTE ABOUT EMAIL CORRESPONDENCE

You are expected to check your UTAS email (WebMail) on a regular basis – at least

three times per week. To access your WebMail account, login using your UTAS

username and password at https://webmail.utas.edu.au/.

You are strongly advised not to forward your UTAS emails to an external email service

(such as gmail or Hotmail). In the past, there have been significant issues where this

has occurred, resulting in UTAS being blacklisted by these email providers for a period

of up to one month. To keep informed, please use your UTAS email as often as

possible.

We receive a lot of emails. Be realistic about how long it might take for us to respond.

Concerns and complaints

The University is committed to providing an environment in which any concerns and

complaints will be treated seriously, impartially and resolved as quickly as possible.

We are also committed to ensuring that a student may lodge a complaint without fear

of disadvantage. In the first instance, students are encouraged (where appropriate) to

attempt to resolve their concerns at a local level, by contacting their Unit Coordinator

and if the Unit Coordinator can not resolve the issue then the Head of School. If you

have a concern, information about who to contact for assistance is available on the

Complaints and Concerns – Safe and Fair Community Unit page.

Learning support

The University provides a range of face-to-face and online services to help equip

students with the academic and literacy skills that they need to undertake their study.

These services are in addition to the support you receive in each unit from unit

coordinators, lecturers and tutors. For details of these additional services such as

Page 18 BEA104

Game Theory for Business and Social Sciences

workshops, individual consultation for learning advice, and peer assisted learning

opportunities, please visit the Study Support page.

The University also provides free access to Studiosity, 24/7 online study help for all

UTAS students, enabling them to get feedback on written work within 24 hours or

chat live with a subject specialist anywhere and anytime.

All direct assessment-based feedback is provided only from the staff teaching you the

unit.

Further information and assistance

If you are experiencing difficulties with your studies or assignments, have personal or

life-planning issues, disability or illness which may affect your course of study, you are

advised to raise these with the unit coordinator in the first instance.

In addition to Learning Support, there is a range of University-wide support services

available to you including Student Advisers, Disability Services, and more which can

be found on the Study Support and Safety, Health and Wellbeing pages from the

Current Students portal of the University website.

Should you require assistance in accessing the Library, visit their website for more

information.

Page 19 BEA104

Game Theory for Business and Social Sciences

Unit schedule

WEEK DATE

BEGINNING TOPIC/ MODULE/ FOCUS AREA ACTIVITIES RESOURCES/ READINGS/

FURTHER INFORMATION

1 12 July Modelling Strategic Interactions: What is a Game? Basic Rules & Examples

GoS: Chapter 1 and 2

Additional Reading provided in the Week 1 Module

2 19 July Sequential Strategic Games Tutorial 1 GoS: Chapter 3 & 6

3 26 July Simultaneous Strategic Games I: Dominance, Best Response and Nash Equilibrium

Tutorial 2 GoS: Chapter 4 & 5

4 2 August Simultaneous Strategic Games II: Mixed Strategies

Tutorial 3 GoS: Chapter 5 & 7

5 9 August Communication and Strategic Moves

Tutorial 4 GoS: Chapter 8

Problem Set # 1 Due.

6 16 August Uncertainty I: Risk. Tutorial 5 GoS: Chapter 9

7 23 August Uncertainty II: Asymmetric Information

Tutorial 6

GoS: Chapter 9

Case Studies Part A Due

Mid-semester break 30 August 5 September inclusive

8 6 September

Repeated Games Tutorial 7 GoS: Chapter 10

9 13 September

Collective Action Games Tutorial 8 GoS: Chapter 11

Problem Set #2 Due

10 20 September

Mechanism Design Tutorial 9 GoS: Chapter 14

11 27 September

Bargaining and Negotiations Tutorial 10

GoS: Chapter 17

Case Studies Part B Due

12 4 October Auctions Tutorial 11 GoS: Chapter 15

13 11 October Wrap Up Tutorial 12 Problem Set #3 Due

Exam Period: 23 October to 9 Nov. Final timed assessment to be conducted in the first week of the period.

Page 20 BEA104

Game Theory for Business and Social Sciences

Page 21 BEA104

Game Theory for Business and Social Sciences

ACCREDITATION

AACSB Accreditation

The Tasmanian School of Business and Economics (TSBE) is currently in the process of

applying for business accreditation with the Association to Advance Collegiate Schools

of Business (AACSB) – the lead program for accrediting business schools globally.

AACSB seeks to connect educators, students, and business to achieve a common goal –

to create the next generation of business leaders.

By joining AACSB and going through the accreditation process, TSBE is joining a

global alliance committed to improve the quality of business education around the

world, and to share the latest innovations in business education. Gaining Business

Accreditation with AACSB is a multi-year process involving TSBE demonstrating our

performance against the 15 accreditation standards.

Once complete, TSBE will join a select community of accredited business schools, with

only 7% of all business schools globally having completed the AACSB process. This

will further enhance the reputation of TSBE, and further enhance the global

recognition of your qualifications. To find out more about AACSB click here.